Bridge Creek Capital Management LLC Raises Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Bridge Creek Capital Management LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,659 shares of the company’s stock after buying an additional 109 shares during the quarter. Bridge Creek Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $291,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Eastern Bank bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $28,000. Richardson Financial Services Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after acquiring an additional 83 shares during the last quarter. GHP Investment Advisors Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the last quarter. Truvestments Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth about $29,000. Finally, Riggs Asset Managment Co. Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 146.7% in the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after buying an additional 110 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock traded up $1.23 during trading on Monday, hitting $174.48. 6,866,873 shares of the company’s stock traded hands, compared to its average volume of 7,454,957. Invesco S&P 500 Equal Weight ETF has a 1 year low of $153.10 and a 1 year high of $188.16. The business has a 50-day simple moving average of $180.89 and a 200-day simple moving average of $175.64. The stock has a market capitalization of $58.44 billion, a P/E ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF Company Profile

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).